Kenyan Logistics Startup Leta Secures $5M to Scale AI-Powered Platform
Leta raised $5 million in seed funding led by Speedinvest, with participation from Google’s Africa Investment Fund. The funding will enhance Leta's AI-driven logistics optimization platform, which aims to reduce costs and improve efficiency.
Google, Speedinvest back Kenya’s Leta, which uses AI to make logistics cheaper
African businesses pay up to four times the global average for logistics, with logistics costs comprising 75% of product costs. Leta, a Nairobi-based logistics SaaS provider, has raised $5 million in seed funding to scale its AI-powered platform.
